Preview your tax documents rather than rely on the refund tracker to see how your entries affected your results. If you are using a Desktop version of TurboTax, you can go to Forms mode to view your Form 1040, Schedule C, and other affected forms. You can also preview your return before filing in TurboTax Online to find out how your taxes were calculated. See here for details.
The refund meter at the top of the screen may be showing a different number than your return because it is lagging behind your entries on your return.
Adding an item of income doesn't necessarily increase your taxable income dollar for dollar. For example, if you have a Qualified Business Income Deduction, the deduction will increase if your net business income increases.
Report all of your income and all of the business deductions to which you are entitled, to accurately reflect net profit or loss.
See this TurboTax tips article for more information about reporting business income and deductions.
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